BIMB Integrated Annual Report 2017

23 Intended Outcome The board is committed to promoting good business conduct and maintaining a healthy corporate culture that engenders integrity, transparency and fairness. The board, management, employees and other stakeholders are clear on what is considered acceptable behaviour and practice in the company. Practice 3.2 The board establishes, reviews and together with management implements policies and procedures on whistleblowing. Application : Applied. Explanation on application of the practice : Whistle-Blowing Policy BHB is committed to the values of transparency, integrity, impartiality and accountability in the conduct of its business and affairs. Wrongdoing such as fraud, corruption, financial impropriety and gross mismanagement should be reported and dealt with in accordance with the Company’s established due process. A whistle-blowing policy reflects BHB’s commitment to be vigilant at all times. It also assists BHB to manage its risks and contingencies as well as to avoid recurring acts of wrongdoing. BHB promotes an open communication and transparent work culture by setting up internal procedures to address concerns regarding any likely wrongdoing. The policy complements the normal channels of communication and reporting lines within BHB. It also provides an alternative route for employees to raise concerns if the usual lines of communication are not available when the complaint relates to his or her immediate supervisor or head of department. In general, all disclosures pursuant to this Policy are to be made to the Prescribed Officer who is the CEO or to an officer designated by CEO from time to time. The Prescribed Officer is responsible for ensuring compliance with this Policy and will prepare a report for the Board. The Board will be apprised of disclosure matters which are serious in nature or have grave repercussions. This Policy may be reviewed and amended from time to time, as and when necessary, to ensure its relevance and effectiveness in keeping with BHB's changing business environment or administrative or operational needs. BHB encourages its employees to aspire to the highest possible standards of compliance and ethics. Whistle-blowing policies have therefore been integrated into BHB’s practices and culture to help to deter fraud, corruption and mismanagement. Through the effective implementation of this policy, BHB is able to preserve its integrity and transparency. BHB had designated and published Tan Sri Ismail Adam, Senior Independent Non-Executive Director, electronic mail address as an